MON

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0839%/8h= +91.8% APRnext payment +$1.05 per $10,000 · paid last 24h −0.001%

Price spread now: Pacifica against Injective−0.193%99s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.193% cheaper against Injective than usual: you would sell low and buy high (spread −0.193% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 18 hours of funding at the current rate (+$25 a day). The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MON/USDC PERP	0.02596	−0.0739	get 0.0092% / 1h	29m 30s	$6K	$109	5.5x
Short	Pacifica MON	0.02591	0.0100	get 0.0013% / 1h	29m 30s	$143K	$106K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee PacificabpOrdersPrice spread, now −0.193%Rate

Funding earned: $176.14
Price spread: −0.193% → 0.000%: −$19.26
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $148.86
Costs to cover: 0.080%
Break-even: 1.1 days

Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 58 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 58 min ago	5.82 bp	43.3 bp −$43	doesn't fit	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MON on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MON/USDC PERPlong	−0.0739%	1h	0.02596	long leg	$6K	$109	5.5x
01 Exchange MONUSD	−0.0256%	1h	0.02588	−0.304%	$6K	$1K	5x	as long as short
Deribit MON_USDC-PERPETUAL	−0.0251%	1h	0.02593	−0.127%	$63K	$110K	25x	as long as short
Bybit MONUSDT	−0.0009%	8h	0.02587	−0.327%	$21.6M	$11.8M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02598	+0.058%	$14K	$384K	5x	as long as short
Orderly PERP_MON_USDC	+0.0092%	4h	0.02591	−0.193%	$17K	$64K	10x	as long as short
BloFin MON-USDT	+0.0093%	4h	0.02599	+0.116%	$1.4M	$246K	75x	as long as short
Paradex MON-USD-PERP	+0.0095%	8h	0.02590	−0.248%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02592	−0.154%	$849K	$753K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02593	−0.096%	$35.0M	$7.5M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02591	−0.206%	$108K	$233K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02595	−0.050%	$13K	—	5x	as long as short
Pacifica MONshort	+0.0100%	1h	0.02591	−0.193%	$143K	$106K	3x
Binance MONUSDT	+0.0100%	4h	0.02590	−0.231%	$24.6M	$24.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02588	−0.308%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02600	+0.154%	$109K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02592	−0.154%	$1.0M	$933K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02594	−0.077%	$2.8M	$1.8M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02593	−0.101%	$778K	$407K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02595	−0.034%	$48K	$243K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02593	−0.116%	$582K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02594	−0.077%	$69K	$481K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02594	−0.092%	$375K	$527K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02590	−0.231%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02593	−0.108%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02591	−0.204%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0131%	1h	0.02595	−0.034%	$267K	$67K	10x	as long as short
Backpack MON_USDC_PERP	+0.0226%	1h	0.02591	−0.177%	$137K	$137K	10x	as long as short
Aftermath Perps MONUSD	+0.0228%	1h	0.02595	−0.045%	$2K	$73K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02593	−0.112%	$9K	—	50x	as long as short
KuCoin MONUSDTM	+0.0332%	4h	0.02594	−0.077%	$3.2M	$745K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02592	−0.146%	$145K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0648%	1h	0.02609	+0.497%	$115K	$49K	50x	as long as short